With focused efforts, Latin America might become a significant centre for Indian business: S. Jaishankar, Minister of External Affairs

25 Aug 2022 , 08:41 AM

Jaishankar, the minister of external affairs, has emphasized how crucial it is for India to establish itself as a major commercial centre in the wide region of Latin America.

Jaishankar is traveling on business for six days across Argentina, Paraguay, and Brazil. His trip to South America is his first official one to date. As he talked with renowned businesspeople here on Tuesday, Jaishankar stated that India and Brazil are not only partners but can also share best practices for their mutual growth and advancement.

“Visited the State of Sao Paulo Federation of Industries, the largest industry body in Brazil. The enormous prospects for further commercial cooperation were reiterated in presentations by WEG, @embraer, and UNICA, he tweeted. In addition to being partners, India and Brazil may exchange best practices to advance their respective economies, the author added.

In addition, he opened the Indian Embassy in Asuncion, the nation’s capital. Together with Julio Cesar Arriola from Paraguay, Jaishankar opened the Indian embassy in Asuncion.